Blog dump

2. Physics envy among financial analysts (h/t The Bubble Chamber). The math can get a bit much (I mostly glossed over it) and some of the terminology will seem strange without a background in physics. But sections 1 – 3 and 8 are quite accessible and not too dense at all. I especially liked their comparisons of psychology and economics (2.3), and their analysis of the financial collapse in Section 8.

This comic gem comes right after “Level 5: Irreducible Uncertainty” in their uncertainty taxonomy:

Level : Zen Uncertainty
Attempts to understand uncertainty are mere illusions; there is only suffering